5901 S Ridgewood Ave

$825,000, .37 Acres

About This Property

EXCELLENT LOCATION TWO BUILDINGS & LAND (the restaurant is ready for new tenant/operator). ALL REFURBISHED with new roofs, plumbing, electrical, floors, etc. Major updating completed to property. New HVAC units. This property sits at intersection of US Hwy 1 & FL-5A (Nova Road) with vehicle count 25,000+/day. Investors take notice, RD Zoning. Approved for any combination of offices and residential in second building. House completely redone for offices or single family. Lease $1500/mo. Restaurant Lease is $3.5K/mo. CAP RATE 6.0% Note: Three (3) property tax ID's in sale 631403140160, 631403140150, & 631403140161This perfect location in high growth area within very popular Port Orange near Inter-coastal and Atlantic Ocean.Near beaches, shopping, services, etc. Property being sold ready for business. No present income. Seller may offer financing for up to maximum 25% depending on offer and buyer qualifications. Three property ID's included in sale (1) 631403140160 (2) 631403140150 (3) 631403140161

Essential Information

MLS® #1063725
Price$825,000
Acres0.37
Year Built1946
TypeCommercial/Industrial
Sub-TypeComm-Land & Bldg Incl
StatusActive

Community Information

Address5901 S Ridgewood Ave
CityPort Orange
CountyVolusia
StateFL
Zip Code32127

Area

21 - Port Orange S of Dunlawton, E of 95

Amenities

Utilities440 Volt Svc, Three Phase
Parking Spaces30
ParkingLot, Lighted

Features

Curb/Sidewalks, Outbuilding, Pole Sign, Security Fencing, Cleared Only

Interior

HeatingCentral
CoolingCentral

Interior Features

Private Restrooms, Public Restrooms, Kitchen Facility

Exterior

Lot Description111 x 144
RoofMetal
ConstructionConcrete Block, Metal, Stucco

Additional Information

ZoningRest/Pkg LT/Comm

Listing Details

OfficeWatson Realty Corp.

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